Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $16,670 | $13,858 | $14,301 | $15,034 | $13,848 |
Liabilities | $14,472 | $11,946 | $12,452 | $12,624 | $11,092 |
Equity | $2,198 | $1,912 | $1,849 | $2,410 | $2,756 |
Edwyn
Over the past five years, Crown Holdings, Inc. has experienced fluctuations in its financial position. Total assets decreased from 2020 to 2021 but showed a slight recovery in the subsequent years. In 2024, total assets were lower than the initial year, indicating some volatility in the company's asset base. Total liabilities followed a similar trend, decreasing from 2020 to 2021 before increasing again in the following years. Stockholders' equity also fluctuated, with a notable increase in 2024 compared to the previous years. The decrease in total assets and liabilities in 2021 could be attributed to various factors such as economic conditions, strategic decisions, or industry-specific challenges. The subsequent recovery and increase in stockholders' equity in 2024 might indicate improved profitability or capital management by the company. Overall, while the fluctuations suggest some instability, Crown Holdings, Inc. has managed to maintain a relatively stable financial position over the period, which may be reflective of the broader industry dynamics or company-specific initiatives.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.